July 21, 2014 in Daily Bulletin
Douglas A. McIntyre put together a list of brands that won’t survive to see the next American President take office:
- Its been several years since Zynga, the maker of Farmville, scored a hit, and the ending of its “special relationship” with Facebook has shrunk its marketing reach.
- Research in Motion made the list last year, and the prediction was technically correct – the company was renamed Blackberry – but continued failures in a competitive mobile space probably mean it’ll soon be sold.
- Russell Stover, known for assorted chocolates, makes about $600 million in revenue, but its managers have put it on the market. Hershey is a leading contender to take it for a price tag that could reach $1 billion.
- Teens seem to prefer cheaper clothes these days, and that’s causing Aeropostale’s sales to tank. Abercrombie & Fitch may soon follow.
Read the full list of brands you should enjoy while you can over here.
Source: 24/7 Wall Street